Monsanto raises 2013 profit outlook

8:23 AM MDT | May 29, 2013 | Rebecca Coons

Monsanto increased its full-year earnings outlook for 2013, citing growth in the company's global corn portfolio and better-than-expected market conditions for its glyphosate segment. "We're in a growth mode, and with the combination of momentum in our core businesses and new layers of growth coming online from an increasingly global portfolio, we have the strategic drivers in place to continue our growth trajectory next year and beyond," says chairman and CEO Hugh Grant. "Our opportunity is driving yield and productivity and, even against the...